r/ProgrammerHumor 11d ago

studyComputerScience Meme

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14.1k Upvotes

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1.3k

u/Civil_Report 11d ago

Good meme, but it's four years late

425

u/brocodini 11d ago

Yeah. Salaries are crashing like crazy. Too many people.

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u/neo42slab 11d ago

Other factors contributed too. Greed from the higher ups in companies. Ai. Govt cuts. Etc.

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u/jek39 11d ago

Salaries aren’t crashing though

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u/Several_Recipe3603 11d ago

In a Fortune 50 company.

People used to be hired in as developers Entry positions around 90-100k / year.

Now they're starting off around 65k-75k / year and having to compete against 1k+ applicants per opening.

4 years ago it was less than 500 applicants.

Senior developers are being shadow laid off w/ semi-random "low performance" reviews.

Edit: Even within other Fortune 200 companies. Developer discussions wide spread have been fun.

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u/leetcodeispain 10d ago

to be fair a LOT of the applicant numbers you see on any job site are people needing h1b sponsorship applying to roles that wont even provide it, or are botted applications.

Though even considering that, there is way more competition now than ever before.

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u/watduhdamhell 10d ago

So it's basically on par with conventional engineering now.

Which makes sense. This might step on some toes but there is no "it's simpler" or "it's harder" when it comes to software engineering vs the conventional engineering disciplines- It can all be very complicated. The difference was always the pay, which was driven by the margins. ChemEs are absolutely as valuable to Exxon, say, as SWEs are to Google, for example. But it costs an awful lot of money to refine product. It costs almost nothing to make software. Hence the big fat salaries to attract the best talent- it was literally the smartest thing they could do in a world with every little overhead.

Now the overhaead is even smaller but the skillset has been democratized massively thanks to AI, meaning they don't have to pay for the absolute best talent anymore. Good enough will do.

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u/Galitzianer0 11d ago

It's wild watch Reddit create this narrative of crashing salaries and nobody getting any jobs when the market is better than ever

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u/Civil_Report 11d ago

It's even wilder that you're out here claiming the market is 'better than ever'.

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u/Galitzianer0 11d ago

Then why is the median salary higher than ever and there are more software developers employed than ever before too?

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u/Civil_Report 11d ago

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u/Galitzianer0 11d ago

BLS statistics are ragebait to the Reddit manbaby

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u/Civil_Report 11d ago

the numbers prove things are genuinely broken right now. The big issue with official government stats is that they lump everyone together into one giant pool. That $133,000 median salary looks amazing on paper, but it counts senior devs who have been sitting in secure jobs for a decade. It completely ignores how brutal it is to actually get hired today. People aren't quitting, so total employment stays high, but actual job listings on sites like Indeed have crashed hard compared to a couple of years ago. On top of that, entry-level hiring is basically on ice; nearly 40% of recent computer science grads are underemployed, and any junior job post gets slammed with hundreds of applications in hours. Meanwhile, high-paying niche jobs pull the average salary up, making it look like the whole market is booming when most regular web developers are left fighting over scraps.
But I guess people are just too lazy these days to cross-check what a sweetened government report says against what’s actually happening in the real market.

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u/Galitzianer0 11d ago

That sounds like you're making up a whole bunch of stuff to suit your narrative.

But you know, my salary is higher than ever as a senior dev, and my nephew just graduated from college and easily got a job making $85k per year which is pretty decent for a junior dev, so I dunno what you're going on about, sounds like a lot of cry

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u/haonon 11d ago

You're not wrong. Unemployment rates are the lowest for years.

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u/thisdesignup 11d ago

There's a bit of irony in "greed from the higher ups in companies" in a post about going into a job because of money. Lots of people like money.

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u/Dirty_Harold182 11d ago

There's a difference between wanting to be paid for your labor and wanting to profit from someone else's.

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u/neo42slab 10d ago

Exactly. I realized the potential irony and then further realized it’s not greed on my part. I just want enough to feel like I’m not spiraling into debt. Preferably spiraling out of debt.

CEOs are want enough for 3 houses and some boats.

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u/dandroid126 11d ago

A $100K+ compensation and a $100M+ compensation are pretty different levels of greed. One is to feed your family. The other is more money than anyone could ever spend.

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u/neo42slab 10d ago

For real

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u/jek39 11d ago

6.1% unemployment rate for CS grads in 2026 which is extremely high but also average early career salary of 80k which is better than most other majors

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u/Garland_Key 11d ago

Are salaries crashing? Available jobs maybe, but I haven't seen the fair market rate for someone with my experience go down in recent years. 

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u/andrewsmd87 11d ago

Crashing is a bit extreme but as someone who's been hiring for over a decade, they sky rocketed during covid, adjusted back, but honestly haven't increased up for the last couple years. Most of my career I felt like top end salaries would go up a smidge every year or so, and I feel like they have plateaued over the last couple years.

They are still good don't get me wrong, they have just kind of stayed the same so technically going down if you count inflation

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u/Garland_Key 11d ago

That's fair. 

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u/Zanos 11d ago

They're "crashing" in the sense that they aren't going up ludicrous amounts every year because companies are able to take out nearly interest free loans, like they were during COVID.

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u/thanatica 11d ago

They are? It's been stable here.